AltaGas Ltd. (ALA.TO) has priced an offering of C$200 million of 5.375% Fixed-to-Fixed Rate Junior Subordinated Notes, Series 4 due December 5, 2055. The notes are callable after five years and the Offering is set to close on or about September 5, 2025. The net proceeds will be used to redeem or repurchase its outstanding Cumulative Redeemable 5-Year Rate Reset Preferred Shares, Series A and Cumulative Redeemable Floating Rate Preferred Shares, Series B.

Read more at Nasdaq: AltaGas Prices C$200 Mln Hybrid Notes Offering At 5.375%, Due 2055